News

Unregistered advisers result in infringement notices for 2 AFSLs

ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered....

Funds management

Private market providers risking adviser trust with misleading products

Retailisation of private markets such as evergreen funds may seem like appealing options for wholesale and retail investors, but providers risk undermining trust if their...

Financial planning

Comprehensive advice significantly improves retirement outcomes: Vanguard

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

Financial planning

AMP announces senior platform appointment

AMP has announced a senior appointment to its North leadership team, reinforcing the firm’s commitment to the advice industry....

Funds management

Australian Ethical sees FUM jump by a third in FY25

Ethical investment manager Australian Ethical has seen its funds under management rise by a third over FY25 to close out the year at $13.9 billion. ...

Financial planning

ASIC’s ethics called into question by exam candidates

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

Funds management

Asset managers make senior distribution appointments

BlackRock Australia’s head of intermediary distribution James Waterworth has taken up a new distribution role at an alternative asset manager, while Antipodes has hired a...

Financial planning

Cash acting as an emotional safety net during market volatility

Despite having less growth potential than other assets, financial advisers have said cash allocations are providing a sense of comfort for clients, allowing them to ride ...

Financial planning

AMP North targeting retirement needs with managed accounts expansion

AMP’s advice platform has announced three additions to its managed account menu with the new funds aimed to help advisers with clients’ income protection and fixed income...

Financial planning

HeirWealth partners with Sydney advisory firm

Wealth technology platform HeirWealth has announced a partnership with Hatch Accountants to support the intergenerational wealth transfer....

Funds management

BlackRock ETF AUM reaches US$4.7tn

BlackRock’s iShares ETFs have reported a record first half for inflows, gaining US$192 billion in the past six months, to see overall ETF assets under management rise to ...